NextEra Energy, Inc. $NEE Shares Purchased by NEOS Investment Management LLC

NEOS Investment Management LLC grew its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 11.8% during the second quarter, HoldingsChannel reports. The institutional investor owned 339,343 shares of the utilities provider’s stock after buying an additional 35,848 shares during the quarter. NEOS Investment Management LLC’s holdings in NextEra Energy were worth $29,784,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in NEE. Pin Oak Investment Advisors Inc. acquired a new stake in shares of NextEra Energy during the 2nd quarter valued at approximately $26,000. Kilter Group LLC bought a new stake in NextEra Energy during the second quarter valued at $25,000. Manning & Napier Advisors LLC acquired a new stake in shares of NextEra Energy during the second quarter worth $26,000. Anfield Capital Management LLC lifted its position in shares of NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after buying an additional 270 shares during the last quarter. Finally, Financial Life Planners bought a new position in shares of NextEra Energy in the 1st quarter worth about $30,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

Analyst Ratings Changes

NEE has been the subject of a number of recent research reports. Erste Group Bank downgraded shares of NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Jefferies Financial Group set a $94.00 target price on NextEra Energy in a report on Tuesday, July 14th. JPMorgan Chase & Co. increased their price target on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. Wall Street Zen downgraded NextEra Energy from a “sell” rating to a “strong sell” rating in a report on Saturday, August 22nd. Finally, Bank of America reduced their price objective on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a research report on Monday, July 13th. Seventeen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $100.33.

NextEra Energy Trading Down 0.9%

Shares of NextEra Energy stock opened at $83.33 on Friday. NextEra Energy, Inc. has a fifty-two week low of $69.24 and a fifty-two week high of $98.75. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. The business has a fifty day simple moving average of $86.54 and a 200-day simple moving average of $89.41. The firm has a market cap of $173.81 billion, a price-to-earnings ratio of 18.73, a price-to-earnings-growth ratio of 2.60 and a beta of 0.65.

NextEra Energy (NYSE:NEE) last issued its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. The business had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The company’s quarterly revenue was up 12.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, equities analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be issued a $0.6232 dividend. The ex-dividend date is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.0%. NextEra Energy’s dividend payout ratio is presently 55.96%.

About NextEra Energy

NextEra Energy, Inc (NYSE: NEE), headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company’s principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.

NextEra’s activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.